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Gold pushing higher again
Earlier this morning the further gains in the USD/JPY not just dented the likes of the GBP/USD and the EUR/USD, it added a modicum of pressure onto gold. The metal dropped back very close to $2,650 after reaching a new record high just above $2,670 beforehand. Well, now that the steam has come off the USD/JPY rebound that has allowed gold to press higher again. Granted it has not broken any fresh ground, but it is currently more than $10 above its earlier session lows. Gold is just now trading at $2,662.80
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